IVALO.COM x Staiy

The Finnish marketplace for sustainable fashion, IVALO.COM, is acquiring its most significant international competitor.

The leading Finnish online store and data company for sustainable fashion, IVALO.COM, has acquired the German company Staiy in a business transaction completed earlier this year, with the purchase amount undisclosed.

Staiy.com is a marketplace for sustainable fashion similar to IVALO.COM, with its primary area of operation being German-speaking Europe.

Germany is the pioneer country and the most significant market for sustainable fashion in Europe, where ethical and ecological fashion has been produced and sold for a long time.

IVALO.COM - Finnish marketplace for sustainable fashion

"Central Europe is a strategic focus for IVALO.COM's internationalization, and the Staiy acquisition strengthens the Finnish company's foothold in a new market. The DACH countries are firmly on IVALO.COM's roadmap," says Matti Lamminsalo, CEO of IVALO.COM.

IVALO.COM has grown significantly in recent years and aims to be active in its expansion efforts.

Language versions of IVALO.COM's marketplace are already available in Finnish, English, and Dutch, and the German version is set to open soon. Clothing and accessories have been sold to over 20 countries so far.

Marketplace for sustainable fashion

The merged marketplaces will continue under the IVALO.COM brand name.

Staiy's marketplace has featured over 200 European fashion brands, and the validated brands from Staiy will now serve IVALO.COM's internationally expanding customer base.

The growing and carefully curated offering meets the demand for sustainable fashion more comprehensively than before, both in Finland and elsewhere in Europe.

The acquisition is part of IVALO.COM's strategy on its journey to becoming the world's most significant online store and data company for sustainable fashion.

IVALO.COM is currently also negotiating other acquisitions.

Further information:

IVALO.COM
Matti Lamminsalo
CEO
tel: +358 40 500 2607
email: matti@ivalo.com

IVALO.COM is a Finnish international fashion marketplace that offers over 130 sustainable fashion brands in one place. IVALO.COM's selection is continuously curated to meet the needs of the modern dresser.

All brands on IVALO.COM undergo the IVALO.COM 360 sustainability validation.